Oye! News from America

I haven't updated a posting on the federal government debt for some time and thought, in light of the recent White House budget and, in advance of the mid-2015 deadline for raising the debt ceiling and the fact that Washington will technically reach the debt limit on March 15th, I thought that

The White House recently predicted that the budget for Fiscal Year 2016 will produce the smallest budget deficit in eight years, predicting a deficit of $474 billion in 2016 or 2.5 percent of GDP as shown on this table:

An interesting feature by the Urban Institute summarizes the growing wealth inequality in the United States in nine charts which show how the wealth gap has varied by race and age. In this posting, I'll pick four charts that succinctly explain how wealth varies with race and the reasons

Unsustainable household debt was one of the core issues (other than Wall Street and its imaginative use of supposedly AAA-rated securities that were derived from household debt) that touched off the 2008 financial crisis. While the United States saw its household debt-to-disposable income

One part of the Affordable Care Act that gets almost no attention from the media is the "Physician Payment Sunshine Act" or section 6002 of the ACA, the text of which can be found here. By law, starting in 2014, a publicly available Open Payments Data website, managed by the

Back in early 2014, the Congressional Research Service released a very interesting study that looked at the implications of lowering the federal component of the statutory corporate income tax regime. In this study, the author, Jane Gravelle, compared the corporate tax rates of other nations